Is This a End of a Line for Bitcoin-for-Cash Sales? – Newsweek

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This essay initial seemed on a Cato Institute site.

On Jul 25, Miami-Dade County, Florida, circuit decider Teresa Pooler discharged money-laundering charges opposite Michell Espinoza, a internal bitcoin seller.

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The preference is a acquire postponement on a highway to financial serfdom.

It is a tiny reversal for authorities who wish to quarrel crime (victimless or otherwise) by criminalizing and tracking a “laundering” of a proceeds, and who unreasonably wish to do a tracking by expelling citizens’ financial privacy, that is, by unlimited tracking of their subjects’ financial accounts and activities.

The U.S. Treasury’s Financial Crimes Enforcement Network (FinCEN) is currently a domicile of

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